Global Player closes door

3 Dec 2007

RESS RELEASE) -- Following a recent evaluation of the current business, the management of Universal Gaming Concepts Inc. decided that it is no longer feasible to continue to operate the Global Player brands.

"The current changes in the legal and economic landscape of the gaming industry has made it increasingly difficult for us to compete and retain our market share" said Giancarlo Bettini, CEO of UGC Inc. "The strategic decision to cease operations while we are still in the position to satisfy our obligations to players, vendors, affiliates and staff reinforces our integrity and commitment to good business practices."

The Global Player brand has enjoyed eight successful years in the online gambling space starting with its launch in September 1999 using its own proprietary casino software and has continued with its re-launch on Boss Media's casino and poker platform in May of this year.

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	Global Player closes door 3 Dec 2007 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> RESS RELEASE) -- Following a recent evaluation of the current business, the management of Universal Gaming Concepts Inc. decided that it is no longer feasible to continue to operate the Global Player brands. "The current changes in the legal and economic landscape of the gaming industry has made it increasingly difficult for us to compete and retain our market share" said Giancarlo Bettini, CEO of UGC Inc. "The strategic decision to cease operations while we are still in the position to satisfy our obligations to players, vendors, affiliates and staff reinforces our integrity and commitment to good business practices." The Global Player brand has enjoyed eight successful years in the online gambling space starting with its launch in September 1999 using its own proprietary casino software and has continued with its re-launch on Boss Media's casino and poker platform in May of this year.